Overview
What is National Bankers Association?
The National Bankers Association is a nonprofit organization situated in Washington, D.C., specifically at 1513 P Street NW. Its primary role is to represent, collaborate, and advocate for the banking community, with a particular focus on supporting minority financial institutions. The association aims to meet the unique requirements of its membership by providing a platform for discussion and determining the goals and needs of its members. The National Bankers Association maintains a staff of six individuals, working diligently to uphold its mission.
Is National Bankers Association legitimate?
National Bankers Association is a legitimate nonprofit organization registered as a 501(c)(6) entity. National Bankers Association submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $200,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $483,372
For more financial information, click here
What is the mission statement of National Bankers Association?
The National Bankers Association's mission is centered around supporting its membership, particularly minority financial institutions. Its primary role is to offer assistance in the administration of its bank member institutions. The association serves as a platform for determining the objectives and requirements of its membership, focusing on minority financial institutions. The National Bankers Association is actively involved in representation, collaboration, and advocacy within the banking community, ensuring the needs of its member banks are met.
Who is the CEO of National Bankers Association?
Nicole Elam is the President & Ceo of National Bankers Association. The CEO's salary of National Bankers Association is $200,000 and their total compensation is $265,000.
What is the revenue of National Bankers Association?
National Bankers Association's revenue in 2022 was $4,029,508.
Who are the executives of National Bankers Association and what are their salaries?
The average compensation at National Bankers Association during 2022 was $113,895. There are 6 employees and 10 volunteers at National Bankers Association.
Here are 12 key members and their salaries (National Bankers Association's CEO's salary is $200,000 and their total compensation is $265,000):
- Compensation: $200,000
- Related: $65,000
- Other: $0
- Compensation: $116,000
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for National Bankers Association?
National Bankers Association's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of National Bankers Association
The National Bankers Association, as a nonprofit organization, is committed to serving the unique needs of its membership, primarily minority financial institutions. Its mission is twofold. Firstly, the National Bankers Association provides essential support for the efficient administration of its bank member institutions. This involves acting as a platform where the goals and requirements of the membership can be collectively determined and addressed. Secondly, the organization serves as a facilitator for collaboration within the banking community and its member banks. By engaging in representation, collaboration, and advocacy, the National Bankers Association aims to contribute positively to the banking sector and ensure the success of its member institutions.
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Impact
October, 2024
The National Bankers Association (NBA) plays a crucial role in the banking sector by focusing on the needs of its members, particularly minority financial institutions. Through representation, collaboration, and advocacy, the NBA ensures that these institutions have a voice within the broader banking community.
By providing a platform for discourse, the NBA facilitates discussions that help identify and address the goals and needs of its member banks. This is particularly significant for minority institutions, which often face unique challenges in accessing resources and opportunities. The association's advocacy efforts aim to influence policies and practices that promote equity and inclusivity within the financial industry.
In essence, the NBA's impact extends beyond its membership, contributing to a more diverse and equitable banking landscape that benefits the entire community. Through its initiatives, the association fosters growth, sustainability, and innovation, ensuring that minority-owned financial institutions can thrive in a competitive environment.
This information is meant to be a general summary of National Bankers Association. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Program Service Revenue: $327,624
- Gross Receipts: $4,029,508
Assets and Liabilities:
- Total Assets: $3,829,247
- Total Liabilities: $562,906
- Net Assets: $3,266,341
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Convention
Revenue
$327,624
Organization Details
Founding Year
1927
Principal Officer
Nicole Elam
Main Address
1513 P Street NW, Washington, DC, 20005
NTEE Category
Code: W60C - Public benefit
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